Jackson Pudlo
First Time Real Estate Buyer - Seeking Advice on Single Family VS Mutli Family Units
23 January 2025 | 10 replies
It sounds to me that owning a multifamily home would allow you to reach that goal faster because of the higher cash flow.
Jennifer Fernéz
Help with this deal!
18 January 2025 | 10 replies
Adding and making better could sell or rent faster, but it won't get you more than what the market ARV and rent is set at from other similar comps in the area....and your Interior Design background will help, if you you it mostly as an understanding of cost.
John Lasher
Coaching for multifamily?
31 January 2025 | 24 replies
To each their own.Also, this was 2020-2021 when the market was nuts and every syndicator was looking like a rockstar beating expectations on their deals.
Sebastian Nadal
Looking to House Hack in Chicago for the first time
8 January 2025 | 6 replies
I think that is a fair price and that will help me with my breathing room and hopefully help pay off my place faster, or at least so I can reach 20% equity so I can stop paying $110 a month in PMI haha.I'm obviously going to be checking credit score, making sure tenant has a stable income, no criminal background, etc.
Chrissy Smyth
Rental in depresses area and minimum requirements
8 January 2025 | 3 replies
Income: Verified monthly income must be at least three times the rent (minimum $4,200 combined).
Dylan Jeluso
Real Estate In College
8 January 2025 | 5 replies
If you are a hard-worker, feel free to send me a PM, I might have know someone looking for a faster learner I can introduce you to.
C.S. Bryson
Is this a good deal?? New to investing and seller finance and looking for advice :)
24 January 2025 | 17 replies
Note the property tax will be -10% on the rent by itself.Month 0 to 24: $2450 * 0.5 - $1573 =-$348/monthMonth 24 to 60: $2450 * 0.5 - $1541 =-$316/monthNext issue is due to the low leverage starting at month 24, the ROI takes a beating.
Luis Cerwin
How long should I give my PM to Rent a Unit before changing PM?
20 January 2025 | 14 replies
Usually, a 3 bed 2 bath will rent a lot faster than a 2 bed 1 bath etc.
Ben Callahan
Californian new to REI - looking for out-of-state rental property
6 February 2025 | 34 replies
Salt air can deteriorate houses and components faster than markets without salt air.The final piece is finding a market with a quality team or teams that I like and trust.
Anthony Sigala
Is the 1% rule dead in Arizona?
5 February 2025 | 35 replies
I can make offers that would cause the 1% rule to hold, but these would often be at around 60% of asking price or market value.